Xperi (XPER) Expected to Announce Earnings on Wednesday

Xperi (NASDAQ:XPER) will likely be issuing its quarterly earnings data after the market closes on Wednesday, May 7th. Analysts expect the company to announce earnings of $0.18 per share and revenue of $113.25 million for the quarter.

Xperi Stock Up 0.8 %

Shares of Xperi stock traded up $0.06 on Tuesday, reaching $7.08. The company’s stock had a trading volume of 44,672 shares, compared to its average volume of 476,381. Xperi has a 52 week low of $6.29 and a 52 week high of $11.39. The company has a market capitalization of $322.04 million, a price-to-earnings ratio of -3.74 and a beta of 1.29. The firm’s fifty day simple moving average is $7.44 and its two-hundred day simple moving average is $8.70.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on XPER shares. Rosenblatt Securities restated a “buy” rating and issued a $15.00 target price on shares of Xperi in a report on Thursday, February 27th. BWS Financial reaffirmed a “top pick” rating and set a $30.00 price target on shares of Xperi in a report on Thursday, February 27th. Finally, StockNews.com raised shares of Xperi from a “hold” rating to a “buy” rating in a research note on Thursday, March 27th.

Xperi Company Profile

Xperi Inc operates as a consumer and entertainment technology company worldwide. It offers Pay-TV solutions, including UX solutions that allows service providers to customize elements of the interactive program guide for their customers and to upgrade the programming features and services; IPTV, a cloud-based solution that supports various services and applications, such as TV programming, broadband OTT video content, digital music, photos, and other media experiences; managed IPTV service; video metadata and services; managed IPTV Service, a customizable, cloud-enabled, and end-to-end streaming video solution that enables operators to quickly launch a branded, fully compliant, full-featured Pay-TV service; metadata libraries comprising television, sports, movies, digital-first, celebrities, books, and video games; personalized content discovery, natural language voice, and insights; and TiVo DVR subscriptions, as well as technical support service.